Net Loss of Incon Engineers reported to Rs 0.09 crore in the quarter ended September 2016 as against net loss of Rs 0.04 crore during the previous quarter ended September 2015. Sales declined 57.14% to Rs 0.03 crore in the quarter ended September 2016 as against Rs 0.07 crore during the previous quarter ended September 2015.

Net profit of Infibeam Incorporation rose 122.84% to Rs 8.00 crore in the quarter ended September 2016 as against Rs 3.59 crore during the previous quarter ended September 2015. Sales rose 31.43% to Rs 114.37 crore in the quarter ended September 2016 as against Rs 87.02 crore during the previous quarter ended September 2015.

Crop insurance is a financial tool to insure the crop losses on payment of admissible premium to the insurance company. Further, under the crop insurance schemes, claims are paid to those farmers who insure their crops and pay premium under any of the notified crop/area, notified by the concerned State Govt. Admissible claims are worked out and paid as per the provisions of the respective schemes and not on any other basis like by the representation from the State Govt., team sent by the Government of India, declaration of drought/flood etc. by the State/Central Govt.

Financial assistance is also provided to farmers as per guidelines on the items and norms of assistance from State Disaster Response Fund (SDRF)/ National Disaster Response Fund (NDRF) dated 8th April, 2015 of Ministry of Home Affairs, where assistance is admissible for crop loss of 33% and above due to notified natural calamities viz. Avalanches, Cyclone, Cloud burst, Drought, Earthquake/Tsunami, Fire, Flood, Hailstorm, Landslides, Pest attack, Frost and Cold wave. The norms of relief under SDRF/NDRF are Rs. 6800/- per ha for rainfed areas, Rs.13500/-per ha for assured irrigated areas and Rs.18000/-per ha for all types of perennial crops. Assistance under SDRF/NDRF provided is for immediate relief and not by way of compensation for the loss suffered.

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K P R Mill fixes record date for sub-division of equity shares

Nov 18,2016

K P R Mill announced that the Committee, constituted by the Board of Directors of the Company for Sub-division of Equity shares, at its meeting held on 16 November 2016 has fixed 30 November 2016 as the Record Date for determining the Members of the Company who are entitled for the subdivided equity shares of the Face Value of Rs. 5/- each.

Alembic Pharmaceuticals has received approval for its abbreviated new drug application (ANDA) for Telmisartan and Amlodipine Tablets, 40mg/5mg, 40mg/10mg, 80mg/5mg and 80mg/10mg from the United States Food and Drug Administration. The tablets are indicated for the treatment of hypertension, alone or with antihypertensive agents to reduce blood pressure.

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Emami adjudged Winner of Golden Peacock Innovation Management Award

Nov 18,2016

Emami has been adjudged as the Winner of Golden Peacock Innovation Management Award for the year 2016, by the Awards Jury under the Chairmanship of Justice M.N. Venkatachaliah, former Chief Justice, Supreme Court of India.

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Foreign tourist arrivals surge 10.4% in October 2016

Nov 18,2016

The Foreign Tourist Arrivals (FTAs) during the Month of October 2016 were 7.54 lakh as compared to FTAs of 6.83 lakh during the month of October 2015 and 6.68 lakh in October 2014. There has been a growth of 10.4% in October 2016 over October 2015.

FTAs during the period January- October 2016 were 69.62 lakh with a growth of 10.5% as compared to the FTAs of 62.98 lakh with a growth of 4.5% in January- October 2015 over January- October 2014.

The Foreign Exchange Earnings (FEEs) from Tourism during the month of October 2016 were Rs 12303 crore as compared to Rs 10549 crore in October 2015 and Rs 10041 crore in October 2014.

The growth rate in FEEs in rupee terms during October 2016 over October 2015 was 16.6% as compared to the growth of 5.1% in October 2015 over October 2014.

FEEs from tourism in rupee terms during January- October 2016 were Rs 124371 crore with a growth of 14.7% as compared to the FEE of Rs 108392 crore with a growth of 9.6% during January- October 2015 over January- October 2014.

FEEs in US$ terms during the month of October 2016 were US$ 1.843 billion as compared to FEEs of US$ 1.621 billion during the month of October 2015 and US$ 1.636 billion in October 2014.

The growth rate in FEEs in US$ terms in October 2016 over October 2015 was 13.7% compared to the negative growth of 0.9% in October 2015 over October 2014.

FEE from tourism in US$ terms during January- October 2016 were US$ 18.530 billion with a growth of 8.8% as compared to the US$ 17.033 billion with a growth 4.4% during January-October 2015 over January-October 2014.

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PTL Enterprises provides update on scheme of demerger

Nov 18,2016

PTL Enterprises announced that the petition under section 391 to 394 of the Companies Act 1956 for the scheme of demerger of Medicare and Healthcare Undertaking of PTL Enterprises into Artemis Global Life Sciences (formerly known as PTL Projects ) pursuant to scheme of arrangement (Petition) is fixed for hearing before the Honble High Court of Kerala on 16 December 2016.

Housing Development & Infrastructure announced that Ashok Kumar Gupta, Independent Director of the Company has informed that, due to his personal commitments he would like to step down from the office of the Directorship of the Company. Furhter the Company informed that, his resignation has been accepted.

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FPIs continue selling

Nov 18,2016

Foreign portfolio investors (FPIs) sold stocks worth a net Rs 948.81 crore into the secondary equity markets on 17 November 2016, compared with their net outflow of Rs 1964.27 crore during the preceding trading session on 16 November 2016. FPIs were net sellers for the sixth session in a row. The net outflow of Rs 948.81 crore on 17 November 2016 was a result of gross purchases of Rs 4592.93 crore and gross sales of Rs 5541.74 crore. On that day, the Sensex fell 71.07 points or 0.27% to settle at 26,227.62, its lowest closing level since 25 May 2016.

There was a net inflow of Rs 0.99 crore into the category primary markets & others on 17 November 2016, which was a result of gross purchases of Rs 0.99 crore and zero gross sales.

FPIs have sold stocks worth a net Rs 11665.33 crore into the secondary equity markets in this month so far (till 17 November 2016). They sold shares worth a net Rs 5258.22 crore from the secondary equity markets last month. FPIs have purchased shares worth a net Rs 29505.72 crore from the secondary equity markets in calendar year 2016 so far (till 17 November 2016). They sold shares worth a net Rs 4863.71 crore into the secondary equity markets in calendar year 2015.

There has been a net inflow of Rs 1824.09 crore from FPIs into the category primary markets & others in this month so far (till 17 November 2016). There was a net inflow of Rs 951.96 crore from FPIs into the category primary markets & others last month. The net inflow from FPIs into category primary markets & others has totaled Rs 7639.76 crore in calendar year 2016 so far (till 17 November 2016). There was net inflow of Rs 22168.40 crore from FPIs into the category primary markets & others in calendar year 2015.

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Alfavision Overseas announces change in compliance officer

Nov 18,2016

Alfavision Overseas announced that the Company have appointed Vivek Jaiswal as the Companys Compliance officer in keeping with the Regulation 18A of the SEBI (Stock Brokers and Sub-brokers) Regulations, 1992.

Further, the Company has informed that Vivek Jaiswal is a new appointment with effect from / is a replacement in place of Jitesh Yadav who has ceased to be the Companys compliance officer with effect from 15 November 2016.

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Delta Corp heads north after Rare Enterprises buys shares

Nov 18,2016

Meanwhile, the S&P BSE Sensex was down 91.46 points, or 0.35%, to 26,136.16

On BSE, so far 19.17 lakh shares were traded in the counter, compared with an average daily volume of 12.31 lakh shares in the past one quarter. The stock hit a high of Rs 119.20 and a low of Rs 114.40 so far during the day. The stock hit a record high of Rs 195.20 on 26 October 2016. The stock hit a 52-week low of Rs 49 on 29 February 2016. The stock had underperformed the market over the past 30 days till 17 November 2016, sliding 34.51% compared with 6.28% decline in the Sensex. The scrip also underperformed the market in past one quarter, declining 24.05% as against Sensexs 6.59% fall.

The small-cap company has an equity capital of Rs 23.09 crore. Face value per share is Re 1.

Rare Enterprises bought 12.50 lakh shares of Delta Corp at an average price of Rs 106.54 per share in a bulk deal on NSE yesterday, 17 November 2016. The stock had gained 7.93% to settle at Rs 112.25 yesterday, 17 November 2016. Earlier, the stock had dropped 35.98% in the preceding six trading sessions to settle at Rs 104 on 16 November 2016, from its close of Rs 162.45 on 7 November 2016.

Rare Enterprises is owned by ace investor Rakesh Jhunjhunwala. As on 30 September 2016, Rakesh Jhunjhunwala held 1.15 crore shares, or 4.975% stake in Delta Corp. His wife, Rekha Jhunjhunwala, held 1.10 crore shares, or 4.759% stake in Delta Corp.

Delta Corps consolidated net profit surged 680.87% to of Rs 32.25 crore on 44.55% rise in total income to Rs 135.62 crore in Q2 September 2016 over Q2 September 2015.

Delta Corp holds three offshore gaming licences in Goa and has an integrated casino resort in Daman. The company also has three luxury hotel properties in Goa n++ Deltin Suites, Deltin Palms and Villa Marina by Deltin.

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Delta Corp heads north after Rare Enterprises buys shares

Nov 18,2016

Meanwhile, the S&P BSE Sensex was down 91.46 points, or 0.35%, to 26,136.16

On BSE, so far 19.17 lakh shares were traded in the counter, compared with an average daily volume of 12.31 lakh shares in the past one quarter. The stock hit a high of Rs 119.20 and a low of Rs 114.40 so far during the day. The stock hit a record high of Rs 195.20 on 26 October 2016. The stock hit a 52-week low of Rs 49 on 29 February 2016. The stock had underperformed the market over the past 30 days till 17 November 2016, sliding 34.51% compared with 6.28% decline in the Sensex. The scrip also underperformed the market in past one quarter, declining 24.05% as against Sensexs 6.59% fall.

The small-cap company has an equity capital of Rs 23.09 crore. Face value per share is Re 1.

Rare Enterprises bought 12.50 lakh shares of Delta Corp at an average price of Rs 106.54 per share in a bulk deal on NSE yesterday, 17 November 2016. The stock had gained 7.93% to settle at Rs 112.25 yesterday, 17 November 2016. Earlier, the stock had dropped 35.98% in the preceding six trading sessions to settle at Rs 104 on 16 November 2016, from its close of Rs 162.45 on 7 November 2016.

Rare Enterprises is owned by ace investor Rakesh Jhunjhunwala. As on 30 September 2016, Rakesh Jhunjhunwala held 1.15 crore shares, or 4.975% stake in Delta Corp. His wife, Rekha Jhunjhunwala, held 1.10 crore shares, or 4.759% stake in Delta Corp.

Delta Corps consolidated net profit surged 680.87% to of Rs 32.25 crore on 44.55% rise in total income to Rs 135.62 crore in Q2 September 2016 over Q2 September 2015.

Delta Corp holds three offshore gaming licences in Goa and has an integrated casino resort in Daman. The company also has three luxury hotel properties in Goa n++ Deltin Suites, Deltin Palms and Villa Marina by Deltin.

Bharat Forge announced that in terms of the powers delegated by the Board of Directors of the Company in its meeting held on 08 November 2016, members of Finance & Risk Management Committee of the Company in its meeting held and concluded on 18 November 2016, have accorded their approval for acquisition of Walker Forge Tennessee LLC, USA along with PMT Holding Inc., USA through its wholly owned subsidiary Bharat Forge America Inc., USA for a total consideration of USD 14 Million, This acquisition shall consummate on completion of certain conditions precedent as set forth in the Equity Purchase Agreement.

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Board of Punj Lloyd to consider Q2 results

Nov 18,2016

Punj Lloyd announced that a meeting of the Board of Directors of the Company is scheduled to be held on 30 November 2016, inter alia, to consider and approve the Standalone Un-audited Financial Results for the quarter and half year ended, 30 September 2016 (Q2).